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Activision Blizzard’s shares are rising again in a market that every time something turbulent happens in the video game industry, it is reflected in the movement of a company’s shares, either for better or for worse. In the case of Activision it’s been a positive rise. It seems that every time there is a run-in with the FTC, the company’s stock soars.
As reflected by the NASDAQ, as of June 23, 2023, this rise coincides just when the FTC is once again at the center of the dispute over the purchase agreement between Activision and Microsofta subject that we all know very well due to the depth with which the information has been given during these months, and because it seems like an eternal confrontation that still continues without a clear final answer.
Activision Blizzard shares rise again after dispute with the FTC
Yes ok the rise is just over 1% of the previous share priceTaking into account the scale that the value of the company’s shares has been having in recent months, we can say that when there is a conflict, controversy, or Activision finds itself in the eye of the hurricane, it seems to strengthen its price on the stock market.
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Although these data belong to a record different from that of the world of videogames in essence, they are important in measuring the trust that people and business people have in Activision, despite the fact that the FTC has once again put itself in the middle of the purchase agreement with Microsoft.
This situation seems to have no end, and the most likely thing is that it will last longer (as if that were not enough for what we have been waiting for). It’s a shame, because if the purchase agreement had taken place, we would have distributed certain titles on more platforms and consoles. Games that, over the years, had been exclusive to the competition.